There’s been a lot of talk in recent days about a proposal for Contingent Staking (CS) which could be implemented on Cardano to enable SPO’s to set conditions that delegators must meet, such as their nationality. This could technically implemented by using DIDs, necessary metadata and a multi-sig transaction for delegation. This proposal has caused…
Category: Musings
Cardano Native Tokens
A recent article by Emurgo reminded us that there is a massive strength that Cardano has that is somewhat unremarked on and under appreciated; Native Tokens. Unlike all other Blockchains using Smart Contracts to create layer 2 tokens, such as Ethereum which uses the ERC-20 standard for fungible tokens, Cardano allows for Tokens to be…
Market turbulence
You will likely have seen news over the last few days on the collapse of FTX, the exchange led by Sam Bankman-Fried and the sister company Alameda which was essentially their trading arm. This high profile collapse follows hot on the heels of Terra/Luna (Do Kwon), and Celsius (Alex Mashinsky) and has had similar negative…
Another look at network effects
A recent article in The Economist covering the current health status of some of the tech ‘darlings’ caught our eye: Over the past year, the firms that epitomise these [new tech] business models — Uber and DoorDash; Netflix and Spotify; and Snap and Meta (which has tumbled spectacularly out of the trillion-dollar club) — have…
A metric that matters…
Transaction Bytes per Second (TBPS). This metric measures the total transaction data throughput on chain and it’s been increasing consistently. We think this is a much much more meaningful metric than Transactions Per Second (TPS). Why? On an extended Unspent Transaction Output (eUTxO) chain like Cardano a simple metric of TPS does not reflect the…